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Chou Co Has a Net Income of $43,000, Assets at the the Beginning

Question 41

Multiple Choice

Chou Co. has a net income of $43,000, assets at the beginning of the year are $250,000 and assets at the end of the year are $300,000. Compute its return on assets.


A) 8.4%.
B) 1.5%.
C) 17.2%.
D) 14.3%.
E) 15.6%.

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